NFT Evening NFT Evening
    Facebook Twitter Instagram Reddit
    NFT Evening NFT Evening
    • News
      • Collectibles
      • Crypto Art
      • Blockchain games
      • Metaverse
      • Music
      • Interviews
    • Guides
      • Top NFT Projects
      • Top Blockchain Games
      • NFT Marketplaces and Tools
    • Learn here!
      • What is an NFT?
      • How to keep your NFTs safe
      • NFT Glossary
    • NFT Calendar
      • NFT Drops
      • NFT Conferences
    NFT Evening NFT Evening
    News

    Home » News » Azuki Insider Trading: Did Azuki NFT Fix The Beanz Mint?

    Azuki Insider Trading: Did Azuki NFT Fix The Beanz Mint?

    By Ming HooiMay 8, 2022Updated:February 2, 20232 Mins Read

    The Azuki Beanz NFT reveal is over. But now, the NFT project is facing tons of accusations of insider trading. In particular, there are pieces of evidence pointing to a holder sniping rare Azuki Beanz hours before the NFT reveal. Looking at the proof shared on Twitter, many believed that there was insider trading prior to the reveal of the Azuki NFT second collection’s art.

    As part of an insider trading, a user bought Azuki Beanz #13716 at floor price before the reveal.
    A user bought Azuki Bean #13716 at the floor price before its reveal. Source: @Meta_Morphy.

    Shreds of evidence of insider trading prior to the Azuki Beanz NFT reveal

    Thanks to Twitter user @Meta_Morphy, we can see how this insider traded rare Azuki Beanz before the NFT reveal. According to him, one buyer, in particular, sold off 4 common Azuki Beanz NFTs and picked up 2 rare ones at floor prices, hours before the reveal. One of the rare Beanz NFTs, Bean #13716, is in fact, ranked 37th in terms of the rarity, with an asking price of 65.5 ETH on OpenSea right now.

    But that’s not all. The same buyer above decided to buy another rare Azuki Beanz NFT, Bean #11901, from the X2Y2 NFT marketplace. This time, he bought the NFT 30 minutes before the reveal. Well, what are the odds of that?

    Recently, the same buyer has transferred two of his precious Beanz NFTs (Bean #13716 and Bean #10146). Each of them to a new wallet address. Could this be part of the Azuki Beanz NFT holder’s plans to cover his tracks of insider trading? It seems likely to many.

    What did the Azuki team say about this incident?

    So far, the Azuki team has not made any comment on this incident. But what if we never get any clear answers on the insider trading related to the Azuki Beanz NFT?  Given that there were similar scandals that happened to the Azuki NFT project before, these latest accusations could warrant a response from the team.

    Join Our New "To The Moon" daily Newsletter

    Get our free, 5 minutes daily newsletter. Join 25,000+ NFT enthusiasts & stay on top 👊🌚

    Thank you!

    You have successfully joined our subscriber list.

    .

     


    All investment/financial opinions expressed by NFTevening.com are not recommendations.

    This article is educational material.

    As always, make your own research prior to making any kind of investment.

    AzukiNFT RarityZagabond
    Previous ArticleThe Toy Boogers NFT Collection: What You Should Know
    Next Article Gods Unchained Divine Order Packs: Get Them Now Or Never Again!
    Ming Hooi

    Ming Hooi is a writer based in Malaysia. She is a fan of GameFi and loves keeping herself updated on the latest developments of crypto, GameFi, NFT, and Web 3.0 in general.

    More great NFT Evening content:

    Proof Collective’s Ex-COO Ryan Carson Accused of Unethical Dealings with Flux Fund Announcement

    February 6, 2023

    Rug Radio x Cory Van Lew PFPs are Minting Today!

    February 6, 2023

    NFT Market Makes a Comeback with $945 Million in January Sales

    February 6, 2023

    World of Women’s Artfest Starts Today With ‘Artfest Winter’

    February 6, 2023

    Alo Yoga Offers Free ‘Digital Twin’ NFTs for Aspen Collection Buyers

    February 6, 2023

    Are These NFT Twitter Accounts Liking Your Posts? It’s a scam!

    February 6, 2023

    NFTs Driving Change: How Rejell is Advocating Climate Action With its First NFT Drop

    February 5, 2023

    Logan Paul Hit With Lawsuit Over Alleged CryptoZoo Rug Pull

    February 4, 2023
    Latest NFT News

    Proof Collective’s Ex-COO Ryan Carson Accused of Unethical Dealings with Flux Fund Announcement

    February 6, 2023

    Rug Radio x Cory Van Lew PFPs are Minting Today!

    February 6, 2023

    NFT Market Makes a Comeback with $945 Million in January Sales

    February 6, 2023

    World of Women’s Artfest Starts Today With ‘Artfest Winter’

    February 6, 2023

    Alo Yoga Offers Free ‘Digital Twin’ NFTs for Aspen Collection Buyers

    February 6, 2023

    Takashi Murakami x Hublot Drop NFTs Linked To Physical Watches

    February 6, 2023

    Louis Vuitton x Yayoi Kusama To Drop 10,000 NFTs

    February 6, 2023

    Are These NFT Twitter Accounts Liking Your Posts? It’s a scam!

    February 6, 2023
    Get The FREE Exclusive Report
    CLICK HERE

    NFTevening is the biggest website for NFT news. We cover; breaking news, upcoming mints, plus, interviews with top NFT artists and projects. Put simply, we are the best place for new and experienced non-fungible token fans — making content fun & accessible

    Privacy policy
    Terms and conditions

    Article Categories
    • Blockchain games
    • Collectibles
    • Crypto Art
    • Guides
    • Interviews
    • Metaverse
    • Music
    • News
    • NFT Marketplaces and Tools
    • Sponsored Content
    • Top Blockchain Games
    • Top NFT Projects
    NFT Calendar
    • Today’s NFT Drops
    • Upcoming NFT Drops
    • Solana NFT Drops
    • NFT Calendar
    • NFT Calendar : Add Your NFT Event
    Get In Touch
    • Advertise (Media Kit)
    • Collaboration and Press Releases
    • Job Opportunities
    • About Us
    • Contact Us
    NFT Beginners Guides
    • How to Sell NFT Art
    • How to Create NFT Art
    • How to Display NFT Art
    • How To Make Passive Income With NFTs
    • Best Crypto Wallet
    • Best NFT Coins
    • Best NFT Rarity Tools
    • What is a DAO ?
    • What Are Crypto Gas Fees ?

    Type above and press Enter to search. Press Esc to cancel.